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LightInTheBox Outpaces e-Commerce Rivals On Low-End Product Focus, Geographic Diversity
Thursday, September 21, 2023 - 11:12am | 1207Key Takeaways: LightInTheBox‘s revenue rose 45% in the second quarter, but it forecast the growth rate would slow in the current quarter due to ‘macroeconomic turbulence’ The company is better positioned than its peers due to its more global sales footprint and its focus on...
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The Bull Case For Deckers Outdoor Corporation
Thursday, August 24, 2023 - 2:02pm | 2182With Quiver Quantitative’s recent institutional holdings data, we can see that several hedge funds and asset managers have been increasing their holdings in Deckers Outdoor Corporation (NYSE: DECK). Firms such as Blackrock, Wellington Management, and Citadel have all added...
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Unlike Other Retailers, TJX Benefited From Price-Conscious Consumers Who Are Still Willing To Splurge On Discounted Premium Apparel
Wednesday, August 16, 2023 - 2:29pm | 515Unlike Target Corporation (NYSE: TGT) whose sales slid as consumers prioritized needs over wants, The TJX Companies Inc (NYSE: TJX) told quite a different second quarter story with its price-conscious consumers still spending big at its stores. As high-end retailers struggled with bloated...
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Activist Investor Barington Pushes For Major Overhaul At Hanesbrands: Report
Tuesday, August 8, 2023 - 10:39am | 571Apparel manufacturer Hanesbrands Inc. (NYSE: HBI) is attracting the attention of activist investor Barington Capital, which is urging the company to make significant changes to its board and enact strategies to reverse the decline in its stock value. Barington Capital has acquired an undisclosed...
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Even Nike Is Rethinking Its Strategy
Friday, June 30, 2023 - 9:48am | 1280For the first time in three years, Nike (NYSE: NKE) posted a rare profit miss as high inflationary pressures and inventory glut cut into margins. On a brighter note, fourth quarter revenue topped Wall Street’s expectations but shares still dropped more than 4% during extended trading. In...
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Gap Insists It Is Making Progress Despite Declining Sales
Friday, May 26, 2023 - 12:28pm | 819The Gap Inc (NYSE: GPS) delivered better than expected results despite sale drops across all its brands and fourth quarter of net losses. Gap’s report comes after its peers, Urban Outfitters Inc. (NASDAQ: URBN), Kohl’s Corporation (NYSE: KSS) and Abercrombie & Fitch Co. (NYSE: ANF)...
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Under Armour May Have Just Bottomed
Wednesday, May 10, 2023 - 5:28pm | 871Under Armour (NYSE: UA) shares are declining by 8.6% in Tuesday's trading session; the negative sentiment comes amid the company's first quarter 2023 earnings results. Despite new CEO Stephanie Linnartz achieving expense reductions across the SG&A (Selling, General, and Administrative)...
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7 Lululemon Athletica Analysts On Q4 Print: 'Demand For LULU's Merchandise Remains Healthy And Strong,' But There May Be A Headwind
Wednesday, March 29, 2023 - 11:57am | 774Shares of Lululemon Athletica Inc (NASDAQ: LULU) made big moves in early trading on Wednesday. The company reported fourth-quarter revenue of $2.77 billion, up 30% year-over-year and higher than Street expectations of $2.70 billion. Lululemon’s adjusted earnings of $4.40 per share also topped...
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Trading Strategies For Lululemon Before And After Q4 Earnings
Tuesday, March 28, 2023 - 3:15pm | 599Lululemon Athletica, Inc (NASDAQ: LULU) is set to print its fourth-quarter financial results after the market closes Tuesday. When the Vancouver-based apparel giant printed its third-quarter results on Dec. 8, the stock plunged 12.85% the following trading day and subsequently confirmed a fairly...
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Trading Strategies For Nike Stock Before And After Q3 Earnings
Tuesday, March 21, 2023 - 3:16pm | 512Nike, Inc (NYSE: NKE) was edging 2.5% higher Tuesday as the company heads into its third-quarter earnings print after the close. When Nike printed a second-quarter earnings beat on Dec. 20, the stock rallied 11.55% the following day. Traders and investors will be watching to see if Nike’s...
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Tesla Belt Buckle Just Got $50 Cheaper: Here's How You Can Get One
Monday, July 25, 2022 - 6:48pm | 448Electric vehicle company Tesla Inc (NASDAQ: TSLA) often sells merchandise based on its products. Given the popularity of Tesla and its loyal base of fans and customers, products often sell out and are found later on auction sites such as eBay Inc (NASDAQ: EBAY) for double or more than the...
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U.S. Retailers Announced Nearly Seven Times As Many Store Openings As Closings In 1Q22
Wednesday, May 18, 2022 - 5:10pm | 1069By Patrick McKeever While there are growing concerns about record inflation, rising borrowing costs, the psychological impact of Russia’s invasion of Ukraine, and record-high gasoline prices, U.S. consumers continue to be very resilient, buoyed by broad-based labor-market strength, solid wage...
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Why BofA Downgrades Carter's Ahead Of Q1 Print
Wednesday, April 27, 2022 - 11:51am | 202Carter's, Inc. (NYSE: CRI) faces a risk to margins as the promotional environment normalizes, according to Bofa Securities. The Carter's Analyst: Christopher Nardone downgraded the rating for Carter's from Buy to Underperform, while reducing the price target from $120 to $82. The Carter...
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Why 2 Foot Locker Analysts Are Downgrading Stock After Q4 Earnings: 'We Were Not Expecting This'
Monday, February 28, 2022 - 2:50pm | 512Sports apparel and footwear retailer Foot Locker Inc (NYSE: FL) reported fourth-quarter financial results Friday. The earnings report resulted in downgrades by Seaport Research and Morgan Stanley. Here's what the analysts had to say. The Foot Locker Analysts: Seaport Research analyst...
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Nike Sues Lululemon Over At-Home Mirror Gym
Thursday, January 6, 2022 - 6:13am | 333Nike Inc. (NYSE: NKE) has filed a lawsuit against Lululemon Athletica Inc. (NASDAQ: LULU), accusing the apparel company of patent infringement over its at-home Mirror fitness device and accompanying mobile apps. What Happened: Nike said in its lawsuit that it owns a robust portfolio of patents...